Citigroup Exceeds Q2 Estimates Driven by Trading and Investment Banking
Citigroup reported stronger-than-expected second-quarter earnings, with profits significantly boosted by its trading and investment banking divisions. This performance reflects a positive trend for Wall Street banks in the current quarter.
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Citigroup Beats Second-Quarter Estimates as Trading and Investment Banking Drive Profit Growth (C)
Read full article →Trading, investment banking power Wall Street bank earnings in Q2
Wall Street banks posted strong second-quarter earnings, boosted by robust merger-and-acquisition advisory fees and a surge in trading revenue, though lenders cautioned about risks...
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